Egan, SD vs Timber Lake, SD

Egan, SD and Timber Lake, SD have a very similar cost of living, with only a 0.3% difference in their overall index. Egan scores 56 while Timber Lake scores 56 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Egan is $583/month compared to $567/month in Timber Lake — a 3% difference. Interestingly, home values tell a different story: while Timber Lake has cheaper rent, Egan actually has lower median home values ($79,400 vs $83,600).

Median household income in Egan is $60,278 compared to $58,000 in Timber Lake (+3.9%). While Egan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Egan spend roughly 11.6% of their income on rent, less than the 11.7% in Timber Lake.